New York, NY. (September 11, 2025) — The Federal Savings Bank’s Executive Vice President and National Director of Retail Lending Neil Bader was interviewed by Nicole Friedman and Gina Heeb for a Wall Street Journal article titled, “Mortgage Rates Are at an 11-Month Low. Will That Save This Housing Market?”
The average 30-year fixed mortgage rates recently fell to their lowest level since October 2024. Buoyed by falling mortgage rates and the potential for a rate cut from the Fed in the near future, many industry experts like Neil predict that more buyers could soon enter the housing market. Notably, mortgage applications already spiked in the week of September 5th, seeing a 22% increase compared to the same period last year.
However, persistently high home prices have some tempering their expectations for an immediate buying boom. Since 2019, home prices have risen by 50%. As such, roughly 13% of renter households in the United States can afford to buy a median-priced home.
Pair all of this with an uncertain job market, and you have a real estate outlook with cause for optimism but a bevy of big, lingering questions.
Will mortgage rates have to dip below 6% to meaningfully swing buyer activity? Will rates keep falling? Will an increase in demand further exacerbate home affordability issues?
Read the full article to learn what real estate industry experts like Neil are seeing: https://www.wsj.com/economy/housing/mortgage-rates-are-at-an-11-month-low-will-that-be-enough-to-save-this-housing-market-84dbc248?st=KzonqU&reflink=article_imessage_share
Contact:
The Federal Savings Bank
Neil Bader
NMLS#1005678
https://www.thefederalsavingsbank.com/leadership/neil-bader/
About The Federal Savings Bank:
The Federal Savings Bank is a federally chartered bank, veteran founded and operated. We are proud to be a nationwide mortgage lender, supporting borrowers in all 50 states. We believe in unparalleled experience, exceptional customer service, operational excellence, and community beyond walls.
This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.
